๐ฅ Solanaโs Trading Action Moves On-Chain!
Solana (SOL) trading has shifted massively to decentralized exchanges ๐
๐ฅ Over $94M in perpetual swap liquidations happened on-chain โ double the amount seen on centralized platforms!
Key highlights:
๐น Jupiter DEX became one of Solanaโs top fee producers ๐ธ
๐น Stabble DEX, once a meme-token hub, is now dominating SOL perpetual swaps ๐ฅ
๐น Whales are active too โ one holding a $17M long and another sitting on $9.3M in short gains
Why it matters ๐ Rising DEX activity + whale shorting hints at possible price pressure towards $100 ๐
Plus, regular token unlocks from Alameda Research could fuel further volatility โ ๏ธ
Takeaway: DEXs are gaining serious traction in this market. Keep an eye on whale moves and short squeeze opportunities ๐
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